Consumer Staples And Utilities Sectors Avoided Volatility in Brexit Aftermath

Publication Year:
2016
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Repository URL:
https://digitalcommons.theamericancollege.edu/news/1483
Author(s):
Chang, Ellen
Tags:
politics; Brexit; finance; financial planning; stocks; investing; investments; Finance and Financial Management
article description
Anxious investors should stick with buying stocks in the utilities and consumer staples sectors, which rose higher in the aftermath of the surprising outcome of the Brexit vote and avoided the massive volatility.The immense pullback in stocks on Friday should be viewed as an opportunity to purchase stocks that are less volatile and will perform well despite unprecedented geopolitical events.